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Dec 30, 2012
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the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking about are the same public -- policies that have been on the table for weeks. what is new is they seem to have finally agreed th
the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over...
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Dec 29, 2012
12/12
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this right here, it's a story of some government and politics and small town life. mr. fricke, the leading write-in vote getter told "the new york times" that politics has lost its luster, even in small towns. oh, gee, i wonder why. thank you, washington. but it's also a story, an interesting story about unemployment. you have a job available, one that only pays a hundred bucks a month, and nobody wants it. and that in this economy is very, very rare. a job nobody will take. for most available jobs, there are lines out the door of qualified applicants. and that is the most important fact about not just the economy, but about what is happening in washington right now, as we speak. the biggest deal, the biggest problem with a deal that has not been struck in congress is coming up next. l doesn't treat . really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! [ coughs ] ♪ [ male announcer ] you can't let a cold keep you up tonight. vi
this right here, it's a story of some government and politics and small town life. mr. fricke, the leading write-in vote getter told "the new york times" that politics has lost its luster, even in small towns. oh, gee, i wonder why. thank you, washington. but it's also a story, an interesting story about unemployment. you have a job available, one that only pays a hundred bucks a month, and nobody wants it. and that in this economy is very, very rare. a job nobody will take. for most...
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Dec 28, 2012
12/12
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if you transfer $10,000 of your money, it triggers your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what is being revealed. >> i want to go to one other finding in this study about this. it is about the notion of people need guns for protection. >> there is no evidence that a gun in the home reduces the likelihood of severe iity durin break in. it is actually going to be usable in a way that will protect you. >> to the contrary. those same studies have shown, they are are more likely to go through if there is a gun in the house. what is more likely to happen is you are going to get shot. what happened is, they didn't kill the shooter. the shooter killed themselves. they were in able to get to it
if you transfer $10,000 of your money, it triggers your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what...
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Dec 28, 2012
12/12
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FBC
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did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich people in the country and that has advantages but one of the disadvantages is there is no one to resent except the party. they have a power and the money. stuart: what is the end game? what will be the catalyst for real change? >> the party is going to be backed into a corner, this is not something they can run from. they have to decide not to have another anti-corruption slogan effort. something that matters and take on all these people who made this money and say you can't do this anymore or eventually popular unrest will get worse and worse. there has been a moderate increase in the
did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich...
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Dec 30, 2012
12/12
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, will find out they're getting less money back from the federal government. so that's why in some cases some of the lowest income earning people will be impacted even more than some of the people in the middle because they will find that they're getting substantially less back from the government. we're going to bring you some more scenarios. the link to this is up at my facebook and twitter @jo @joshlevscnn and see how it would affect you and use that to influence your understanding of what would happen if we go over the cliff. >> josh levs not kicking the can down the road. >> not once. >>> it is a story you have to see to believe. ahead a mom and her kids reunited after nearly a week all thanks to a cnn viewer. i just u. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> we're going to get back to the hill gothss in just a minute
, will find out they're getting less money back from the federal government. so that's why in some cases some of the lowest income earning people will be impacted even more than some of the people in the middle because they will find that they're getting substantially less back from the government. we're going to bring you some more scenarios. the link to this is up at my facebook and twitter @jo @joshlevscnn and see how it would affect you and use that to influence your understanding of what...
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Dec 27, 2012
12/12
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was focus on certain members of his base coalition, give them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote, and that strategy worked. >> that explanation got mitt romney attacked and condemned by the likes of bobby jindahl and other republicans. they're now trying a new approach. tag romney said this about his father. he wanted to be president less than anyone i knew in my entire life. he had no desire to run, says tag, who worked with his mother and to persuade his father to seek the presidency. if he could have found someone else to take his place, he would have been ecstatic to step aside. too bad he never told newt gingrich that. joining me now, msnbc's joy reed. i'm on the verge of feeling sorry for them, trying to come up with these crazy reasons about why he lost. and now they want to pretend that this guy who lived his whole life in order to run for president didn't really want to run for president. >> yeah, i know, lawrence. there is nothing more failing than failing to win something and say, i didn't want to win, anyway. w
was focus on certain members of his base coalition, give them extraordinary financial gifts from the government, and then work very aggressively to turn them out to vote, and that strategy worked. >> that explanation got mitt romney attacked and condemned by the likes of bobby jindahl and other republicans. they're now trying a new approach. tag romney said this about his father. he wanted to be president less than anyone i knew in my entire life. he had no desire to run, says tag, who...
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Dec 30, 2012
12/12
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making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been
making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire...
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Dec 28, 2012
12/12
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people who believe in government will remember it. people who believe in national defense and social security and medicare. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who respects the voter and who thumbs his nose at the voter. we go over this cliff and you will not have to ask for whom the bell tolls, it will be tolling for you. leading off tonight, josh green and chris frates of "national journal." you don't have to be as clear as i but try, gentlemen, tonight. it looks to me like one party, once again it's asymmetric. both parties are not screwing around, one is. is that true? >> i think both parties want to go over the cliff. >> both want to go over the cliff? who will get blamed? >> i think republicans will get blamed, but i think republicans at this point fear casting a career-threatening vote to raise taxes instead of waiting four days and letting the cliff -- >> and then they can technically say -- >> they're voting for a tax cut. >> do they presume t
people who believe in government will remember it. people who believe in national defense and social security and medicare. they will know which party is trying to destroy working democracy in order to pursue its political ends. they will know who respects the voter and who thumbs his nose at the voter. we go over this cliff and you will not have to ask for whom the bell tolls, it will be tolling for you. leading off tonight, josh green and chris frates of "national journal." you...
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Dec 29, 2012
12/12
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we need to deal with our runaway government spending. the government is spending too much money. tax increases are not part of cutting the budget. tax increases are what politicians do instead of reform the government. as long as tax increases are on the table, the politicians never even think about reforming government. >> and i understand. you have been on this fight for a long time and you've been devoted to the whole idea of not seeing taxes increase anywhere. but what we're down to right now is largely a political battle over the increase in marginal tax rates based on what you earn. i understand there's a lot more to this puzzle, but on that front, because that's the one that gets most of the ink around here, whether people who earn more than $250,000 or $400,000 or $1 million should may-pay more tax. the point is that's not going to hurt the economy. that's all we're talking about. paying 4.6%, 8 points higher on your income over $250,000, empirically the evidence isn't there that that's going to hurt the any economy. >> well, it's going to take taxes from 35% up to 43.6%
we need to deal with our runaway government spending. the government is spending too much money. tax increases are not part of cutting the budget. tax increases are what politicians do instead of reform the government. as long as tax increases are on the table, the politicians never even think about reforming government. >> and i understand. you have been on this fight for a long time and you've been devoted to the whole idea of not seeing taxes increase anywhere. but what we're down to...
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Dec 29, 2012
12/12
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it gives the government more money and will put off the actual kind of "d" day for the u.s. defaulting on its debt, only by a week or so. but, again, the real thing that should be scaring everybody is the thing that's coming in a couple of months. >> you know, we heard the president talking today about how mind boggling this is. you know, that normal people don't resolve their differences this way. i don't know how you can shuffle around money. that really is mind boggling. thank you. up next, the nra's response to gun violence? what else, more guns. the new battle over gun violence with chris matthews. you're watching "hardball" the place for politics. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy bro
it gives the government more money and will put off the actual kind of "d" day for the u.s. defaulting on its debt, only by a week or so. but, again, the real thing that should be scaring everybody is the thing that's coming in a couple of months. >> you know, we heard the president talking today about how mind boggling this is. you know, that normal people don't resolve their differences this way. i don't know how you can shuffle around money. that really is mind boggling....
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Dec 23, 2012
12/12
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officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're days away, so i'll take it. >> honestly he knows he made a mistake bringing in the gun but to be honest i'm happy his family's together for christmas. there are reports he surface from ptsd from his war time experience and his family says now he's got a stomach bug and a chest cold that could be pneumonia. if that gets worse they may stop along the way home at a hospital. >>> a lot of people didn't think he would get out for christmas. >>> a weather alert. the powerful storm is slamming the northeast. heaviest snowfall making a mess in syracuse, and as you can see, creating sloppy
officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're...
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Dec 22, 2012
12/12
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saying it's some sort of combination of gun control and mental health initiatives on behalf of the government. a lot of the silence up until now has been blamed on the nra's political power. it's estimated in your own race in 2010, the nra and affiliates spent $1.5 million to outst you. how powerful are they really? i heard ed rendell say they are a paper tiger. are they really that powerful? does the sandy hook shooting do anything to change that? >> no, they are not that powerful. look, we came within two percentage points of that race and it had nothing too do with the nra. the nra opposed me in every single race and i won every single one until the very last. my take on this is that americans very much want their liberties to be respected. but we are americans that come together in a community and if we want more senators, senator casey recently changed his position and that's the tragedy about connecticut it took that tragedy to have senators to do what's actually right. the nra is not a complete paper tiger, just a special interest group, and i believe that americans want to do what's r
saying it's some sort of combination of gun control and mental health initiatives on behalf of the government. a lot of the silence up until now has been blamed on the nra's political power. it's estimated in your own race in 2010, the nra and affiliates spent $1.5 million to outst you. how powerful are they really? i heard ed rendell say they are a paper tiger. are they really that powerful? does the sandy hook shooting do anything to change that? >> no, they are not that powerful. look,...
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Dec 29, 2012
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how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he is crazy? >> well -- >> reporter: call him crazy. but there is an entire federal office, the bureau of public debt that collects money from hundreds of mr. garcias. this office in parkersburg, west virginia, was set up by president kennedy so citizens could pay down the national debt. this year alone it collected 7.7 million in gifts, about 90 million since it was established. but 90 million is not that much, especially when you consider the federal deficit is $16 trillion and climbing. to retire the
how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is...
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Dec 30, 2012
12/12
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if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a technical way that social security is done. what it effectively would mean is that social security recipients would get smaller checks each month. something that the president himself did offer as part of a larger deal when he was in those talks with the house speaker. and ha democrats would say is we're past that. we're not in the larger negotiations any
if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that...
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Dec 27, 2012
12/12
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now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news fo
now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing...
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Dec 30, 2012
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gerri: the federal government hasn't said which one to do yet. before lisa jackson left her job, here's what she had to say. >> i will read it to you, actually. we have that? gerri: tracking is perfectly capable of being queen, she says. it requires smart regulations, smart rus of the road. so it sounds like she is not outlawing it altogether. on one hand, but on the other hand, we have seen what happens to the wr on coal. if the obama administration came out all guns blazing. is that why do you think there will be a war against cracking? >> when they set their own definition of at smart regulati is, yes, they will set smart regulation at a level that makes it virtuall impossible. that is what has happened in the cocoal mines in west virginia ad kentucky, where new permits have come to a screeching halt for four years. what would happen with tracking is that when the states lose control to the federal government hey throw their hands. then you are waiting for a federal regulator i washington dc or some regional office to decide on the geology tha
gerri: the federal government hasn't said which one to do yet. before lisa jackson left her job, here's what she had to say. >> i will read it to you, actually. we have that? gerri: tracking is perfectly capable of being queen, she says. it requires smart regulations, smart rus of the road. so it sounds like she is not outlawing it altogether. on one hand, but on the other hand, we have seen what happens to the wr on coal. if the obama administration came out all guns blazing. is that why...
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Dec 29, 2012
12/12
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instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe too
instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope...
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Dec 27, 2012
12/12
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economists say the decline is due to fears of sharp tax increases and government spending cuts set to take effect next week. barkley is considering a plan to change the face of downtown with the first high rise in that city in 40 years, a los angeles real estate group today submitted and application for the plan which calls for a 17 story luxury apartment complex on harold way by the downtown bart station. the plan includes a rooftop garden, conference center and four levels of underground parking. if approved the development would transform the block long harold way there in berkeley. the project is expected to face opposition from pest veryvationist. the developer wants to tear down the back of that. >>> former president george h.w. bush is in guarded condition at a houston hospital. a spokesman says he is alert talking with staff and surrounded by his family. he was moved to the intensive care unit on sunday and been in the hospital since last month for complications related to bronchitis. >> they don't put you in icu because things are going well, we are hoping the medicines and t
economists say the decline is due to fears of sharp tax increases and government spending cuts set to take effect next week. barkley is considering a plan to change the face of downtown with the first high rise in that city in 40 years, a los angeles real estate group today submitted and application for the plan which calls for a 17 story luxury apartment complex on harold way by the downtown bart station. the plan includes a rooftop garden, conference center and four levels of underground...
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Dec 29, 2012
12/12
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making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. ♪ >> to tell me to get out of the class. i said, no poor because in the hallway. that's like wearing a kk shirt because she knows nothing about a. tom: she claims her teacher martyr. now our family is suing. the lawsuit is claiming the philadelphia school district ignored that ight to free speech and let other students harasser and subject her to an emotional distress. to our legal eagles in tonight's let me be brief segment, trial attorneys says -- samantha has a good case. debra plumb sides with the school. deborah, let's start with you. why is the school right? >> the school was not involved. the teacher was acting in an individual capacity, not in her official capacity. granted, her actions were completely wrong. the evidence does not support that the school had promulgated a policy of limiting the students' free-speech, so the school is absolutely not l
making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. ♪ >> to tell me to get out of the class. i said, no poor because in the hallway. that's like wearing a kk shirt because she knows nothing about a. tom: she claims her teacher martyr. now our family is suing. the lawsuit is claiming the philadelphia school district ignored that ight to free speech and let other...
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Dec 23, 2012
12/12
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the government cannot protect us. they can't be everywhere all the time. the government has delusional thinking. >> it's such a complicating subject and i hate to play into the sound bite. we're 5% of the world's population and we've got 50% of the guns. >> you know, today i think the nra planted a flag on planet bizarro. i hate to use a sound bite like that. but we have more guns in this country and we have more gun violence in this country than any other western industrialized nation and they don't see a link and, in fact, what they then say is, we need more guns like our guest just said. that's the world we live in. we live in a world where everyone around the country has mentally deranged people, violent movie games, violent music as we do, and yet they don't have the number of guns we have and strikingly, oddly enough they don't have the same gun violence that we do. i don't know why that point escapes wayne lapierre. and our guest on the show tonight. >> mr. siebold, i feel naive. i'm confused. i expected the nra to embrace universal background check
the government cannot protect us. they can't be everywhere all the time. the government has delusional thinking. >> it's such a complicating subject and i hate to play into the sound bite. we're 5% of the world's population and we've got 50% of the guns. >> you know, today i think the nra planted a flag on planet bizarro. i hate to use a sound bite like that. but we have more guns in this country and we have more gun violence in this country than any other western industrialized...
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Dec 29, 2012
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government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being
government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right....
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Dec 29, 2012
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dividing government is a good time to solve our problems. in the next few days, leaders in washington have an important responsibility to work together and do just that. unless congress and the president act immediately, every american will be forced to pay for the largest tax hike in our nation's history on january 1. at the same time, the federal government, including our armed forces and defense workers, will undergo deep, across the board budgetary cuts. these are the cuts that president obama promised during the campaign would never take effect. well we need to reduce spending, we can do it in a much smarter, more targeted way. going over the so-called fiscal cliff will lead to devastating job losses, at a time when american families and small business owners are still struggling to get back on their feet. in contrast, the nonpartisan congressional budget office estimates extending tax rates afro-americans would create nearly 1.8 million jobs and increase the nation -- rates for americans would create nearly 1.8 million jobs. congress's
dividing government is a good time to solve our problems. in the next few days, leaders in washington have an important responsibility to work together and do just that. unless congress and the president act immediately, every american will be forced to pay for the largest tax hike in our nation's history on january 1. at the same time, the federal government, including our armed forces and defense workers, will undergo deep, across the board budgetary cuts. these are the cuts that president...
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Dec 30, 2012
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it's now 35% of all the revenue from the government is coming from payroll tax. it's a regressive tax. there's a cap of $112,000. >> keep in mind, this is fiction that the payroll tax pace for social security. you're running large-debt deficits and there's knotting in these securities, there's no tax that pays for any particular program. the politics of the payroll tax is it helps to sustain the fiction that social security is like an insurance program or retirement program rather than what it is which is regular old welfare program but a welfare program for the middle class. >> fdr's idea was if you see if money coming from your paycheck you'll invest it -- >> with that tax in there nobody can mess with my damn social security program. >> right. >> but it could be fiction. >> the only fiction here is that it won't impact people if we don't pay enough attention to making sure we have the insurance system for people to retire. it was a pillar of creating the middle class, coming out of the great depression. when one of the policies that helped to produce the ameri
it's now 35% of all the revenue from the government is coming from payroll tax. it's a regressive tax. there's a cap of $112,000. >> keep in mind, this is fiction that the payroll tax pace for social security. you're running large-debt deficits and there's knotting in these securities, there's no tax that pays for any particular program. the politics of the payroll tax is it helps to sustain the fiction that social security is like an insurance program or retirement program rather than...
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Dec 27, 2012
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you have to report it to the federal government because it is potentially dangerous to the environment. that is nothing like a danger to oil trading that the fiscal cliff is now causing. take a look at prices. you said today, we've got back a little bit and pulled back a little bit after run-up yesterday. this is not a story about price. this is a story about volume, lack of volume. take a look at the volume of oil trading on the most traded contract, wti, that's west texas intermediate at the cme group, if february of 2011 the volume was 934,000 contracts a day. almost a million contracts a day. by november of this year, a month ago, got half of that. yesterday the volume was 175,000. oil money is on the sidelines. our producer just gave me the latest volume today. trading is going to continue only for another 15 minutes or so. 273,000 contracts traded just today. that is half of the typical volume. people are so scared about the fiscal cliff, this money, david, now is sitting on the sidelines and doing nothing for investors. that is what the fiscal cliff has wrought in the oil market
you have to report it to the federal government because it is potentially dangerous to the environment. that is nothing like a danger to oil trading that the fiscal cliff is now causing. take a look at prices. you said today, we've got back a little bit and pulled back a little bit after run-up yesterday. this is not a story about price. this is a story about volume, lack of volume. take a look at the volume of oil trading on the most traded contract, wti, that's west texas intermediate at the...
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Dec 30, 2012
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important because if the taxes are raised, the republicans want to be able to argue they were able to cut government spending. while this isn't the most important parnt. there's much more to look at, the goal being sunday. >> thanks, kelly. my eyes didn't glaze over. it's hard not to conclude he's the first casualty of war. boehner put it forward. since then he's been more of an observer than a player in this crisis. joining me now to talk about boehner's fate. i want to start with you. john boehner as we heard from kelly o'donnell is going to have to face meeting democrats if we have a deal. then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge trouble. i think boehner'
important because if the taxes are raised, the republicans want to be able to argue they were able to cut government spending. while this isn't the most important parnt. there's much more to look at, the goal being sunday. >> thanks, kelly. my eyes didn't glaze over. it's hard not to conclude he's the first casualty of war. boehner put it forward. since then he's been more of an observer than a player in this crisis. joining me now to talk about boehner's fate. i want to start with you....
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Dec 28, 2012
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directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg: this research is created to prove the point researchers want that candy cigarettes lead to real smoking. all kids had candy cigarettes. ban hot wheels because kids fast on them. cap gun leads to real guns. making a finger like this should be banned. no more using -- >> bob: making a finger lik like -- never mind. >> andrea: that is banned. >> bob: of course it should be banned. >> eric: they're fun. >> bob: it's a law. it's a law. >> andrea: i had those. look at me. >> eric: they have
directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus...
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Dec 24, 2012
12/12
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governments cut social programs to save money. it was meant to help and hurt by spreading the recession. here's richard quest in london. >> reporter: suzanne, the story of europe in 2012 was very much the austerity, the gut-wrenching, grinding austerity. some countries like greece faced multi-year recession and slowdown, unemployment at over 25%, youth unemployment over 50%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more aust
governments cut social programs to save money. it was meant to help and hurt by spreading the recession. here's richard quest in london. >> reporter: suzanne, the story of europe in 2012 was very much the austerity, the gut-wrenching, grinding austerity. some countries like greece faced multi-year recession and slowdown, unemployment at over 25%, youth unemployment over 50%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as...
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the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the nation comes closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you
the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left...
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Dec 27, 2012
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directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, inc
directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain....
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Dec 27, 2012
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KTVU
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that number may be misleading because governments were closed and that means people could not file for benefits and may have decided to file this week. they have been off and it is just about 10 points this morning. certainly things were expected to be flat and we will keep an eye on the numbers for you. >>> what the town is showing them not to do. >>> and the latest on a payment dispute belonging to the late steve jobs. . >>> welcome back, a water-main break flooded several roads. water was turned off to nearly 400 homes and city officials rushed water to the residents. a sinkhole trapped a city bus and as you can see there the driver escaped unharmed. water service was restored last night. >>> a big rock slide closed a road and it took many drivers by surprise. cal train will open 8:00 amount m and 4:00 p.m. to let traffic through and there is still no word on when the road will fully open. >>> they are asking well wishers to hold off on sending gifts to the grieve stricken community of newtown connecticut. gifts have been pouring into the community from all over the world. officials
that number may be misleading because governments were closed and that means people could not file for benefits and may have decided to file this week. they have been off and it is just about 10 points this morning. certainly things were expected to be flat and we will keep an eye on the numbers for you. >>> what the town is showing them not to do. >>> and the latest on a payment dispute belonging to the late steve jobs. . >>> welcome back, a water-main break flooded...
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Dec 29, 2012
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in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan, i don't think there is any danger we become greece or france in a lot of ways. we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the econy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fo
in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it...
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, that we actually pay our bills as a government, that we find a balanced approach going forward. john boehner knows the votes from some of the republicans and some of the democrats can happen. and he's been unwilling to do that. >> do you think it's good -- >> it's hurting this country. >> is it good at this point in the process for harry reid to go on the senator floor and bash speaker boehner? does that not send a message this close to the deadline? >> he's trying to make it clear and i'm trying to make it clear that john boehner can't just say i'm not in there. of course, he is a player in this. if he does not work with the senate, work with the president and, again, the president has time and time again said we have some common ground here. if the republicans do agree, and they say they do, that they do not want to see tax rates go up on the american people, well, the president said let's make sure that we vote on that. 98% of americans can be protected from a tax increase. we can protect seniors under medicare by making sure that 30% cut to the providers don't go through. th
, that we actually pay our bills as a government, that we find a balanced approach going forward. john boehner knows the votes from some of the republicans and some of the democrats can happen. and he's been unwilling to do that. >> do you think it's good -- >> it's hurting this country. >> is it good at this point in the process for harry reid to go on the senator floor and bash speaker boehner? does that not send a message this close to the deadline? >> he's trying to...
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Dec 29, 2012
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no governing middle right now in the country. that -- the center, where you find the compromises and bill consensus to move forward, we just don't have that governing coalition here, and the president has tried to work with the congressional leadership, and i understand that, but the congressional leadership really are dealing more with their kind of hard-line partisans. they're not negotiating from the middle either. i look back to the 1980s when i worked in the senate and we had ronald reagan as president and my old boss bob dole as majority leader. we did have governing coalitions. something called the reagan democrats. tip o'neill worked with ronald reagan. one mp the reasons he did that, tip o'neill was the speaker at the time, he knew there was a good chunk of centrist democrats who would switch over and vote with the president. so finding that middle, you know, if i were president obama i would be up on the hill. that's what president reagan would do. go up and meet the swing states, go to their afrsoffices, ask fo their v
no governing middle right now in the country. that -- the center, where you find the compromises and bill consensus to move forward, we just don't have that governing coalition here, and the president has tried to work with the congressional leadership, and i understand that, but the congressional leadership really are dealing more with their kind of hard-line partisans. they're not negotiating from the middle either. i look back to the 1980s when i worked in the senate and we had ronald reagan...
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Dec 27, 2012
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that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of gdp. he knows we can't asked the republicans to raise it 1.2, 1.3 trillion in revenue. he's reached out and made cig nif kant concessions and the response to that was nothing. it is pathetic. >> jaret, let me ask you, if we go over the cliff, what ps? is there not an immediate impact on people with unemployment insurance and other things? i mean, what happens if we go over this cliff? >> well, you really have to distinguish between going over the cliff and quickly reversing the damage, meaning in a matter of weeks, which is still
that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of...
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Dec 28, 2012
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look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we have personal debt? we raise our income, we want to raise our revenue and cut spending. >> we're not going to take -- >> we put it forward and we've cut spending cut $.5 trillion last year. >> where? >> i want to take money from the private sector and give it to a bunch of bureau kratz. let the money stay in the private sector. don't raise taxes when we have a slow economy. >> why are you telling me that? tell john boehner not to raise taxes. he'll raise them on all of us. the congress is on taxes. everything -- we shouldn't be debating this. congress should because tax bills, as you know, have
look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we...
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Dec 31, 2012
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in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some action and you would now. you would not have some uncertainty -- each party has its dreams and hopes and plans. they would have to change to get this policy through. we have to meet each other halfway. the house is run by the republicans. is -- the senate is run by the democrats but is not a super majority. the president is a democrat. we have to work together. that is the name of the game. if we can do it on the highway bill -- if they can do it on the farm bill, i now, and there are other examples -- i could give examples of senator feinstein and her republican counterparts. i c
in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some...
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Dec 29, 2012
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the ones who are pushing this, i might point out, basically want to have a 51-vote rule be the governing principle. most of them honestly have never been in the minority. those who have been in both majority and minority are the most reluctant to see this. so the majority leader senator reid feels very strongly the frustration. we understand that frustration. and there is the possibility that on january 3, the united states senate -- then a parliamentarian -- would overrule and it would require 51 votes to change the votes of the senate. that, my friends, would be a disaster leading to the destruction of the unique aspect of the united states senate as envisioned by our founding fathers. i also want to point out, i think that senator rudman -- senator levin described very well bringing up legislation and all of that with the hand out here. but i also want to point out that the practices of the senate have been abused. senators now can call from their home state and stop progress on the floor of the senate. that cannot happen anymore. that cannot happen. if a senator was to block legislat
the ones who are pushing this, i might point out, basically want to have a 51-vote rule be the governing principle. most of them honestly have never been in the minority. those who have been in both majority and minority are the most reluctant to see this. so the majority leader senator reid feels very strongly the frustration. we understand that frustration. and there is the possibility that on january 3, the united states senate -- then a parliamentarian -- would overrule and it would require...
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Dec 23, 2012
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we believe in keeping the government out of your pockets. if you believe in freekts, -- free markets, those are the basic tenets of the tea party. i would hope we all believe in that. that would be a decisive yes. >> \[inaudible] >> you look at his scorecard with the heritage action. he was a 98 and i was closing in on i think it was a 090. there was a couple that separated us, maybe some of the more well-known votes. other than that, i'm not quite sure where we disagree. i would think philosophically we're on the same page and hopefully we'll continue to work together. i look forward to hearing more from the senator. >> last question. >> \[inaudible] >> that's a great question. you know, i think if john was here with me today he would say, tim, don't forget, it's not about growing up in life, it's about moving forward. and we define that differently. some see the senate as a move up, and i certainly do as well in a way. but i'm hoping that the message that the good lord's placed in my heart gets a shot and a leap forward, that we'll have th
we believe in keeping the government out of your pockets. if you believe in freekts, -- free markets, those are the basic tenets of the tea party. i would hope we all believe in that. that would be a decisive yes. >> \[inaudible] >> you look at his scorecard with the heritage action. he was a 98 and i was closing in on i think it was a 090. there was a couple that separated us, maybe some of the more well-known votes. other than that, i'm not quite sure where we disagree. i would...
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Dec 30, 2012
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government considers the most dangerous. they're offering tens of thousands of dollars to anyone who kills the u.s. ambassador or an american soldier in their country. here's muhammad lila. >> reporter: it's a country racked with lawlessness and now a potential new threat. the associated press first reported this video which claims to be from al qaeda's yemen branch announcing a new bounty. roughly $160,000 for the head of the american ambassador in yemen and $23,000 for any american soldier. abc hasn't verified the authenticity of the video. it was posted online separately, claiming to be part of a longer video, one that we have authenticated. the threat comes at a critical time, just four months after the american embassy was stormed in libya, killing chris stevens and three other personnel. after the attacks, security levels were raised at many american embassies around the world. >> i think the security detail won't do anything differently because they had to know the ambassador was already a person who had to be protect
government considers the most dangerous. they're offering tens of thousands of dollars to anyone who kills the u.s. ambassador or an american soldier in their country. here's muhammad lila. >> reporter: it's a country racked with lawlessness and now a potential new threat. the associated press first reported this video which claims to be from al qaeda's yemen branch announcing a new bounty. roughly $160,000 for the head of the american ambassador in yemen and $23,000 for any american...